$-Autopsy: Bailout America by ONE-world-money; Australia, NewZealand, UAE...

Other countries also took fresh action Sunday to support their economies. Australia, New Zealand, the United Arab Emirates and Saudi Arabia have all reportedly moved to guarantee bank deposits. Global markets have taken a beating as the financial crisis deepened around the world.

Coming up Monday in the United States, Neel Kashkari, appointed last week to oversee the $700 billion bailout program and the newly created Office of Financial Stability, will make his first public speech before the U.S. markets open on Monday. Kashkari, a former executive at Goldman Sachs, is expected to offer up details about how the bailout will be implemented

France, Germany and Italy would all unveil the details of their national bail-out packages on Monday, Sarkozy said. Germany is expected to guarantee interbank loans with between 300 euros and 400 billion euros and to provide banks with fresh capital in exchange for shares.German Chancellor Angela Merkel said only the state could now restore "the necessary trust" to the public and financial markets.The French government will on Monday propose a state guarantee for banks endangered by the financial crisis, a ruling party deputy told the AFP news agency.

Merkel said European countries should adopt coordinated and synchronous measures to fight the crisis, but flatly rejected a common rescue fund for Europe. She said every country should take methods mainly based on their own economic situation, but their methods should be synchronized.

    Sarkozy said a common rescue fund would raise "gigantic problems" when coordinating the necessary rapid response among European nations.  Meanwhile, French Finance Minister Christine Lagarde said during an interview that governments of the eurozone may announce at the upcoming Paris summit that they will follow the British example to buy their banks' stocks.

    "It's very likely, because European banks are also under-capitalized," she said 

"Using its emergency procedures, the Fund stands ready to quickly make available substantial resources to help member countries cover financing needs," the IMF's International Monetary and Financial Committee (IMFC) said.

   
At the IMF meeting, there was evidence of anger among poorer nations who hold rich nations, particularly the United States, responsible for the crisis that will impact on their economies.

   
A top Chinese central banker criticized rich nations for the problems in the global financial system, and called on the IMF to improve its monitoring of developed nations which had "weak financial policy discipline."
   
"The major reserve issuing countries should shoulder the responsibility for preventing further spillovers and minimizing shocks to other countries," Yi Gang, deputy governor of the People's Bank of China, told the IMF meeting.
   
"Who will compensate the innocent countries who are going to ... suffer from this debacle?" asked Kenyan Finance Minister John Michuki.